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How would Apple go from public to private?

03 May 2015 News
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How would Apple go from public to private?

It’s been suggested several times by different fans of Apple that the company might do better if it didn’t have to face such public scrutiny it must undergo while being a public company. AppleInsider looked into what exactly it would take for Apple to go private. 

Last night, Apple shares closed at $128.95 which some analysts translated into the company being worth $1.03 trillion to a buyout. One investment banker disagrees with that number and says a buyer would have to add $140 billion to that number. Still another estimates $2 trillion is a more appropriate buyout cost. If you’ve ever wondered exactly how much $2 trillion dollars weighs in $100 bills, put it this way: Apple would need 55 Cat 797s to cart that much money around. Cat 797s are one of the world’s largest dump trucks, by the way. But that would never happen, because there’s only about $1.31 trillion worth of USD bills available in the world. 

That much money could buy a whole lot of other things, like all of the teams in the NBA, NFL, and major league baseball as well as the top 20 best soccer teams in the world; the aircraft that serve as Air Force One; Google; the nation of Luxembourg; and privately fund the U.S. Department of Health and Human Services for a year. All that, and there’d still be about $77 billion left over. 

 

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rebecca

Rebecca, a former police officer, is an experienced writer and editor. She has used all kinds of different tech and prefers Apple products and apps. Her areas of expertise are in all things Apple, health and fitness, the Paleo lifestyle, and legal topics.